Nexen works with peer companies to improve environmental performance.
Collaborating on Solutions
Nexen believes in the value of teamwork and collaboration to improve performance - it's the way we do business, not only in regard to our employee teams but also in our relationships with peer companies.
We are a founding member of Canada’s Oil Sands Innovation Alliance (COSIA), a collaborative network with a mandate to accelerate the pace of improving environmental performance in the oil sands industry. The alliance’s vision is to enable responsible and sustainable growth of Canada’s oil sands while delivering accelerated improvement in environmental performance through collaborative action and innovation. COSIA will build on the successes of earlier collaborative groups including the Oil Sands Leadership Initiative (OSLI), the Canadian Oil Sands Network for Research and Development, and the Oil Sands Tailings Consortium. The work of these groups will continue until such time as they become part of COSIA.
Through COSIA, participating companies will capture, develop and share the most innovative approaches and best practices to improve environmental performance in the oil sands, initially focusing on four priority areas - tailings, water, land and greenhouse gases. COSIA will take innovation and environmental performance in the oil sands to the next level through a continued focus on collaboration and transparent exchange.
One example is the OSLI Faster Forests program. This initiative aims to reduce forest fragmentation caused by oil sands development, thereby improving habitat for woodland caribou and other mammals. To date, Faster Forests has resulted in the planting of about 1.5 million trees and shrubs in more than 500 locations, with plans for an additional one million by 2015.